Albaraka Türk Katilim Bankasi A.S. (IST:ALBRK)

IST:ALBRK Income Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	34,484	31,462	15,665	8,390	4,214	3,094
Interest Income on Investments	12,110	10,487	4,405	2,631	821.69	500.14
Total Interest Income	46,594	41,950	20,070	11,021	5,036	3,594
Interest Paid on Deposits	29,507	25,836	9,438	4,511	1,882	1,114
Interest Paid on Borrowings	10,771	8,638	1,990	1,099	1,279	742.81
Total Interest Expense	40,279	34,475	11,428	5,610	3,160	1,857
Net Interest Income	6,315	7,475	8,642	5,411	1,876	1,737
Net Interest Income Growth (YoY)	-33.24%	-13.51%	59.72%	188.46%	7.98%	105.31%
Income From Trading Activities	3,751	2,297	2,340	1,959	-158.9	-88.28
Gain (Loss) on Sale of Assets	264.15	260.95	260.81	262.18	305.48	153.57
Other Non-Interest Income	17,394	9,220	7,179	3,127	1,851	1,078
Total Non-Interest Income	21,409	11,778	9,780	5,348	1,998	1,144
Non-Interest Income Growth (YoY)	105.78%	20.43%	82.86%	167.70%	74.70%	2.76%
Revenues Before Loan Losses	27,724	19,253	18,422	10,759	3,874	2,881
Provision for Loan Losses	2,390	2,447	3,600	3,950	1,711	1,162
Revenue	25,334	16,806	14,822	6,809	2,162	1,718
Revenue Growth (YoY)	47.39%	13.38%	117.69%	214.90%	25.84%	45.00%
Salaries and Employee Benefits	5,168	4,555	2,550	1,191	820.56	731.51
Selling, General & Administrative	409.73	399.4	233.91	75.73	52.88	40.9
Other Non-Interest Expense	7,676	6,725	6,288	3,138	787.6	579.64
Total Non-Interest Expense	12,914	11,332	8,899	4,347	1,630	1,331
EBT Excluding Unusual Items	12,420	5,473	5,923	2,462	532.23	387.61
Asset Writedown	-	-	-	369.47	415.22	-
Legal Settlements	-47.35	-48.21	-84.61	-15.85	-17.66	-2.71
Pretax Income	12,373	5,425	5,838	2,816	929.8	384.89
Income Tax Expense	188.42	264.33	1,715	960.09	-12.66	73.79
Earnings From Continuing Operations	12,184	5,161	4,123	1,856	942.46	311.11
Earnings From Discontinued Operations	-1.89	-1.45	-	-	-	-
Minority Interest in Earnings	7.8	-	-154.17	-156.4	-609.63	-8.8
Net Income	12,190	5,159	3,969	1,699	332.84	302.3
Net Income to Common	12,190	5,159	3,969	1,699	332.84	302.3
Net Income Growth	159.80%	29.98%	133.60%	410.51%	10.10%	235.72%
Basic Shares Outstanding	2,500	2,500	2,500	2,024	1,350	1,350
Diluted Shares Outstanding	2,500	2,500	2,500	2,024	1,350	1,350
Shares Change (YoY)	-	-	23.50%	49.95%	0.03%	49.88%
EPS (Basic)	4.88	2.06	1.59	0.84	0.25	0.22
EPS (Diluted)	4.88	2.06	1.59	0.84	0.25	0.22
EPS Growth	159.80%	29.98%	89.15%	240.46%	10.07%	124.00%
Dividend Per Share	0.172	0.172	-	-	-	-
Effective Tax Rate	1.52%	4.87%	29.37%	34.10%	-	19.17%

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.